3 months on rocket

10401 Cedar Lake Rd Unit 409, Minnetonka, MN, 55305

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
2 Full Baths
1,180 SqFt
$148/SqFt
Condo

Location

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10401 Cedar Lake Rd Unit 409, Minnetonka$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage1 space
Year Built1975
HeatingBaseboard
CoolingWall Unit(s)
MLS #6591499
StatusActive

About 10401 Cedar Lake Rd Unit 409

Perfect updated condo in a wonderful association on the top floor. Indoor and outdoor pools, a workout room and party room, tennis courts and guest suites. Great location. Newer kitchen, appliances, bathroom fixtures, paint, light fixtures and all new flooring. Move in and enjoy! This condo has an amazing association, has staffing from 9-5 on the weekdays, offers a heated garage with car wash station, extra parking, laundry steps down the hall. Located just minutes from the restaurants, Ridgedale Mall, etc. Move in and enjoy!

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,180 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Hwy 169 to Cedar Lake Rd, West on Cedar Lake Rd, Left on Greenbriar, immediate right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $148/SqFt

HOA Fees:

  • Amount: $535
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,778
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

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Minnetonka, MN

City

Med. Sold Price

$494.3K

Med. Price/SqFt

$216

Avg. Days On Market

37

# of Sold Homes

38

10401 Cedar Lake Rd Unit 409 vs Minnetonka

101 DAYS ON ROCKET

+64 Days

$175,000

-$319.3K Less

$148/SqFt

-$68 Less

KEY TAKEAWAY

This property is $319.3K less than the Median Sold Price and $68/SqFt less than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6591499

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/3/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 2018Home Sold
$170,000
Jul 23, 2015Home Sold
$93,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,778$162,900
2019$1,857$138,686
2018$1,359$101,299
2017$1,573$116,500

History based on county public records data.

Payment Calculator

$1,476

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3498571
4
/10

  • L.H. Tanglen Elementary

  • 10901 Hillside Ln W

  • 0.49 miles

  • Public District Grades KG-6

school-card-donut-3498572
8
/10

  • Park Spanish Immersion Elementary School

  • 9400 Cedar Lake Rd S

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-3498573
6
/10

  • Aquila Elementary School

  • 8500 W 31st St

  • 1.30 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,105. The majority of Minnetonka, MN residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10401 Cedar Lake Rd Unit 409

What is the listing price of this property?

The listing price of 10401 Cedar Lake Rd Unit 409 property is $175,000.

What type of property is this?

The property 10401 Cedar Lake Rd Unit 409 is a condo located in Minnetonka, Minnesota, 55305.

Is this property for sale now?

Active Listing: 10401 Cedar Lake Rd Unit 409 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,778 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 2018 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10401 Cedar Lake Rd Unit 409 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 10401 Cedar Lake Rd Unit 409 is 1,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10401 Cedar Lake Rd Unit 409 is 1975.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55305›10401 Cedar Lake Rd Unit 409

This home is located at 10401 Cedar Lake Rd Unit 409 in Minnetonka, MN and zip code 55305. This 1,180 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $175,000.

While more than 16 listings in Minnetonka, MN in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 17 were sold below. In November 2024 in Minnetonka, MN there were 9.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $494,333, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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